Key Notes

The workflow automates order taking, execution, settlement, and data synchronization across blockchain systems.

The uMINT fund operates on Ethereum distributed ledger technology as part of the UBS Tokenize initiative.

UBS manages $6.9 trillion in assets and previously tested blockchain through Singapore's Project Guardian.

UBS announced on Nov. 4 the completion of the world’s first live, in-production tokenized fund transaction. The Swiss banking giant executed an end-to-end workflow involving subscription and redemption requests for a tokenized money market fund. The transaction marks a milestone in the institutional adoption of blockchain-based financial products.

The transaction processed orders for the UBS USD Money Market Investment Fund Token, known as uMINT, which o

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